Here's Why Facebook Wants To Spend $1 Billion On Waze, According To Industry Sources Who Are Smarter Than We Arehttp://www.businessinsider.com/heres-why-facebook-wants-to-spend-1-billion-on-waze-according-to-industry-sources-who-are-smarter-than-us-2013-5/comments
en-usWed, 31 Dec 1969 19:00:00 -0500Tue, 03 Mar 2015 14:42:51 -0500Nicholas Carlsonhttp://www.businessinsider.com/c/51916517eab8eab417000012somestrangeryoudontknowMon, 13 May 2013 18:11:35 -0400http://www.businessinsider.com/c/51916517eab8eab417000012
out*http://www.businessinsider.com/c/519164fdeab8eab41700000csomestrangeryoudontknowMon, 13 May 2013 18:11:09 -0400http://www.businessinsider.com/c/519164fdeab8eab41700000c
Who cares if they sold old, if it still works good use it.http://www.businessinsider.com/c/519106966bb3f7b971000007NoorMon, 13 May 2013 11:28:22 -0400http://www.businessinsider.com/c/519106966bb3f7b971000007
what you suggest already happens. I think Nokia maps collects data from FedEx trucks.http://www.businessinsider.com/c/519093cd6bb3f7d21100000aJ_W_BMon, 13 May 2013 03:18:37 -0400http://www.businessinsider.com/c/519093cd6bb3f7d21100000a
That pic' needs to be slotted into a Avon Barksdale drive by Gifhttp://www.businessinsider.com/c/519086366bb3f7a97a000011Steven BreyMon, 13 May 2013 02:20:38 -0400http://www.businessinsider.com/c/519086366bb3f7a97a000011
Wait, so Facebook wants to buy a mapping service bc Google, Microsoft and Apple own one? This seems like it's more about Zuberberg's ego than it is about making a good business decision.
Last time I checked, facebook makes most of its money from the USA and usage is dropping off in this demographic. Personally, I believe they need to return to their roots to try to retain their current users. Who's going to need a mapping app when they're alienating their current products, eh, I mean users. Prove Instagram was a good investment, scale back your grandoise new HQ, offer less stock options, make sure the company has staying power. If I were an investor in the company that's what I would be thinking as they haven't proven to me that theyre worthy of their market cap.
Facebook sucks and most people know it. Billion users, yeah right. Half the accounts are fake and or not used. Ask the Chief Accounting Officer how legit the comapny's number are, oh wait, they annouced he was leaving the day earnings were announced. Darn!
Don't expect this company to be around 5 years from now as Zuckerbergs Narcissistc personality disorder will take it down. Hopefully he smart enough to not pull a Skilling.http://www.businessinsider.com/c/51907616eab8eac74d000019Jonathan23Mon, 13 May 2013 01:11:50 -0400http://www.businessinsider.com/c/51907616eab8eac74d000019
1) Waze will do absolutely nothing for Facebook in local search. That's a sad joke.
2) Waze will not have 'like a billion' people using it, and it will not be like totally like accurate like, ya know. A billion individual people don't even own cars world wide, idiot analyst. Facebook will be lucky if they can get 100 to 200 million users globally to provide traffic data that matters. It'll mean that most of their traffic coverage will always be spotty and not accurate.http://www.businessinsider.com/c/518ff9fc6bb3f74778000003Name REquiredSun, 12 May 2013 16:22:20 -0400http://www.businessinsider.com/c/518ff9fc6bb3f74778000003
For a tech reporter, I think you could have captioned the photo a bit better. Did you not recognize who the passenger was?http://www.businessinsider.com/c/518fdd2a69bedd6d65000028jamesxxxxxxxSun, 12 May 2013 14:19:22 -0400http://www.businessinsider.com/c/518fdd2a69bedd6d65000028
This is an American subsidy to Israel, brought by the founders/owners of Facebook, who are Jewish, to the homeland.
Granted, Zuck isn't exactly religious, but still keeps it all in the clan.
I wonder if it were an Arab company, would FB even be interested?
Assuming Arabs could figure out how to code?
Oh, so much racism in one post, surely I will get punted. It's mostly 'tongue-in-cheek' don't go crazy on me. I'm mostly kidding.
But I do think it is reasonable to be weary of the super cabal of Jewish influencers in the Valley and their relationship to their clan's home. It would be remiss to avoid this fact. They've been using American dumb-goy cash to fuel their wars for some time, it's not a stretch to imagine that $1B of investor held money can be dumped into the holy land when not so much needed to be spent.http://www.businessinsider.com/c/518fd5416bb3f7de2e00001ealleycatSun, 12 May 2013 13:45:37 -0400http://www.businessinsider.com/c/518fd5416bb3f7de2e00001e
I've often thought UPS (or the USPS!) could make a good side business putting cameras on their vehicles and licensing the data. Some of the google map data is very old (my house, it's about 3 years old).
USPS could morph into a mapping company -- right now, there's extraordinary waste having those trucks deliver advertising 6 days a week.http://www.businessinsider.com/c/518fcde36bb3f77d1f000038bahahalolSun, 12 May 2013 13:14:11 -0400http://www.businessinsider.com/c/518fcde36bb3f77d1f000038
I wonder if anyone considers that maps will be a natural monopoly like search... Look at mapquest. It used to be so big it was a verb, and while it's still pretty good, absolutely nobody uses it - it's all google maps now.
FB has G envy. They are green with it. And yet they simply do not have the resources to emulate google. Instead you just keep getting shitty knockoffs off everything.
Google has made an impressive moat around maps. Take streetview. Anyone seen what Recaptcha (a G company) is serving up these days? Instead of old books to translate, they're serving house numbers, from streetview images.
Stuff like that FB is never going to be able to copy. They just don't have the resources that G does, nor are they anywhere near as smart. They are just spoilt children who want more internet money.
Maps is like search - natural monopoly and if you want to try to compete with G, best of luck. They will lose. $1B thrown out the window on this one.http://www.businessinsider.com/c/518fca6a6bb3f72d1900000cDean WormerSun, 12 May 2013 12:59:22 -0400http://www.businessinsider.com/c/518fca6a6bb3f72d1900000c
'Course none of these reason explains why FB wouldn't just buy a map datum set with an existing company that actually makes money that you could buy for, oh, say, 2x gross.http://www.businessinsider.com/c/518fc8cdeab8ea1f5900000aBah HumbugSun, 12 May 2013 12:52:29 -0400http://www.businessinsider.com/c/518fc8cdeab8ea1f5900000a
Only one thing to say to you WAZE,... you sold out.
UNINSTALLED.. BYE BYEhttp://www.businessinsider.com/c/518fc826eab8ead858000006Dean WormerSun, 12 May 2013 12:49:42 -0400http://www.businessinsider.com/c/518fc826eab8ead858000006
Another $1 Bil for another company with no revenue. Lemmee guess. Another VC taking out another VC.http://www.businessinsider.com/c/518fbbc76bb3f7fb02000003km4Sun, 12 May 2013 11:56:55 -0400http://www.businessinsider.com/c/518fbbc76bb3f7fb02000003
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